500 E Greenwich Ave APT 112, West Warwick, RI 02893
2 beds • 1.5 baths • 1364 sqft
$358,000
View on ZillowThis property looks like a bad Long-Term investment with a projected -10.79% first-year return on $75,180 initial cash invested.
-10.79%
Cash On Cash
4.91%
Cap Rate
0.73
DSCR
$2,437
Rent
-$676
Cashflow
Cash Flow
$2,437 income − $3,113 expenses = $676 out of pocket
Investment Breakdown
|
Purchase Price
$358k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,180
Downpayment
20%
$71,600
Closing costs
1%
$3,580
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,437
Total Expenses
$3,113
Mortgage P&I
83%
$2,018
Property Taxes
14%
$336
Home Insurance
5%
$125
HOA
0%
$0
Property Management
10%
$244
CapEx
5%
$122
Vacancy
6%
$146
Maintenance
5%
$122
Other
0%
$0